Fortis Healthcare Ltd. ("Fortis" or the "Company"), amongst India's leading healthcare delivery companies, today announced its audited consolidated financial results for the quarter and year ended March 31, 2026.
Q4 FY26 Results (vs Q4 FY25)
- Consolidated Revenues at INR 2,365 Cr, up 17.8%
- Operating EBITDA up 22.2%, margins at 22.5% vs 21.7% in Q4 FY25
- Profit After Tax at INR 271 Cr, up 44.2%
FY26 Results (vs FY25)
- Consolidated Revenues at INR 9,128 Cr, up 17.3%
- Operating EBITDA up 31.3%, margins at 22.8% vs 20.4% in FY25
- Profit After Tax at INR 1,064 Cr, up 31.5%
The Company's net debt as of 31st March 2026 stood at INR 2,334 Cr with a Net Debt to EBITDA of 1.09x vs 0.93x as on 31st March 2025 (basis Q4 annualized EBITDA). Net debt to equity was at 0.23x vs 0.18x.
The increase in debt compared to 31st March 2025 was primarily due to the acquisition of the People Tree Hospital in Yeshwanthpur, Bengaluru and Shrimann Hospital in Jalandhar, Punjab, amongst other investments.
Commenting on the results for the quarter and the year, Dr Ashutosh Raghuvanshi, MD and CEO, Fortis Healthcare stated, "We have witnessed a steady business performance in Q4 enabling us to end the year on a healthy note. Our hospital business which now contributes 85% to our overall revenues continues to do well. We have maintained our investment momentum in augmenting medical equipment and technology, adding to our clinical depth and expanding key medical programs. For FY26, our top 6 specialties have grown 19% notably amongst them being Renal Sciences and Orthopedics, which witnessed a growth of 22% and 21%, respectively."
He further added, "I'm also pleased to share that the year gone by has seen network expansion in our key geographies through brownfield initiatives and acquisitions. As part of our inorganic growth strategy, we added ~500 beds to our network through the acquisition of People Tree Hospital, Bengaluru; the Shrimann Hospital in Jalandhar, Punjab and with a long-term lease arrangement for the Greater Noida Hospital in Delhi NCR. We continue to progress on our brownfield expansion plans and actively evaluate further inorganic growth opportunities within our focus geographic clusters."
Shares of Fortis Healthcare Limited was last trading in BSE at Rs. 960.45 as compared to the previous close of Rs. 967.05. The total number of shares traded during the day was 27361 in over 1508 trades.
The stock hit an intraday high of Rs. 972.30 and intraday low of 949.90. The net turnover during the day was Rs. 26206236.00.